If teck is going to buy us out and the general consensus is that they will, do you think they are buying shares in CUU in the open market in last few days through different brokerage firms? We have traded close to 4 million shares since Dec 24, and if the buyout price is what people here hope is close to $3, then it should be in their interest to buy as much of these shares as possible to reduce their buyout price at the end. Every dollar less paid makes a difference of millions to them.
Another thing is since Liddy said none of the insiders are blacked out and if that is true, then why are the insiders not buying at these cheap prices? So far nothing filed on canadian insider, but again they can file at a later date as well. In addition most insiders have bought shares above $1.50 to as high as $2.30 or so in the past. Providing they have the money, shouldn't they be putting in as much money in this as they can at these low prices??
Am I missing something??